Baxter International Inc - Company Profile
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Business Description
Baxter International Inc (Baxter) develops and manufactures healthcare products and markets them to kidney dialysis centers, hospitals, doctor offices, rehabilitation centers, nursing homes and patients treated at home under physician supervision. Its major products include dialysis in acute and chronic dialysis therapies, parenteral nutrition therapies, generic injectable pharmaceuticals, sterile intravenous solutions, infusion systems and devices, inhaled anaesthetics, and surgical hemostat and sealant products.
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R&D Overview
Baxter focuses on the development of new products in various areas such as smart pump technology, chronic and acute renal care, hospital pharmaceuticals and nutritionals, and surgical sealants, among others. The company's investment in research and development (R&D), which is consistent with its portfolio optimization and capital allocation strategies, contributes to the company's future growth and ability to remain competitive in each of its product categories. In FY2023, Baxter spent US$667 million on its R&D activities, which as a percentage of revenue, stood at 4.5%. It has R&D facilities located in Sweden, Belgium, Italy, India, Germany, China, Japan, and the US.
Business Segments
- Healthcare Systems and Technologies
- Kidney Care
- Medical Products and Therapies
- Pharmaceuticals
- Other
Overview
Includes sales of connected care solutions, collaboration tools such as smart bed systems, patient monitoring systems, and diagnostic technologies. It also includes respiratory health devices and sophisticated surgical equipment, encompassing surgical video technologies, precision positioning devices, and various related accessories.
Performance
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Overview
Includes sales of chronic and acute dialysis therapies and services, including Peritoneal Dialysis (PD), Hemodialysis (HD), Continuous Renal Replacement Therapy (CRRT), and other organ support therapies.
Performance
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Overview
Includes the sales of sterile IV solutions, infusion systems, administration kits, parenteral nutrition treatments, as well as surgical hemostats, sealants, and products for adhesion prevention.
Performance
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Overview
Includes sales of specialty injectable pharmaceuticals, inhaled anesthesia, and drug compounding services.
Performance
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Performance
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Geographical Segments
Performance
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Performance
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Performance
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